Europe - Netherlands

Loyens & Loeff

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Implementing composition plans through suspension of payment proceedings, advising on high-value bankruptcies and handling negotiations involving in high-stakes restructurings are all key areas of focus for the ‘top-notch’ restructuring and insolvency team at Loyens & Loeff, which is noted as going ’above and beyond to deliver’. The team has a strong reputation for its abilities advising groups of creditors as well as groups of lenders in their best interests in various high-value restructuring scenarios, in both national and international contexts. Team head Vincent Vroom is noted as being ‘a leader in Dutch insolvency with broad corporate expertise’. Senior associates Joris Dunki Jacobs and Kim de Bruijn are key members of the cohort who specialise in related contentious and risk management work.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘One of the leading independent R&I practices in the Netherlands.’

  • ‘Vincent Vroom and Kim de Bruijn are both excellent. Responsive, commercial, experienced, knowledgeable and detail-orientated.’

  • ‘Loyens & Loeff has been a prime resource for us in the restructuring space - it is top-notch Dutch firm with broad expertise, and always one of our first ports of call for legal advice in the Netherlands.’

  • ‘Vincent Vroom, who I have known for years, is a leader in Dutch insolvency with broad corporate expertise. He's always available, and if he doesn't have the answer to hand, he will find colleagues who do.’

  • ‘User-friendly and responsive. Unlike many, they understand the needs of the clients and are willing to go above and beyond to deliver.’

  • ‘Michael Scott is fantastic.’

Key clients

  • The Learning Network
  • Orpea S.A.
  • Glas Trust Corporation Limited (as security agent for IHC)
  • Scotch & Soda
  • Invacare corporation

Work highlights

  • Advised an ad hoc group of financial creditors of the Steinhoff group on the group’s restructuring through WHOA proceedings.
  • Advised an ad hoc group of financial creditors of the Frigoglass group on the group’s restructuring by means of Dutch share pledge enforcement with the Netherlands Commercial Court.
  • Assisted an ad hoc group of lenders on the restructuring of the Lumileds group, which was implemented through US Chapter 11 proceeding.

Lawyers

Leading individuals

Practice head

The lawyer(s) leading their teams.

Vincent Vroom

Other key lawyers

Michael Scott, Kim de Bruijn, Joris Dunki Jacobs